AMENDED AND RESTATED
LOAN AND SECURITY AGREEMENT
THIS AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (together with any schedule, annex, or exhibit
attached hereto, as the same may be amended, restated, or otherwise modified, this “ Agreement ”) is entered into on May 30,
2008 (the “ Effective Date ”) between and 3PAR INC. , a Delaware corporation (“ Borrower ”), amends, restates, replaces and
supersedes in its entirety that certain Loan and Security Agreement dated as of June 30, 2005, as amended, between Bank and
Borrower. Definitions of capitalized terms used in this Agreement are set forth in Section 13 below. The parties agree as follows:
Accounting terms not defined in this Agreement shall be construed following GAAP. Calculations and determinations
must be made following GAAP. Capitalized terms not otherwise defined in this Agreement shall have the meanings set forth in
Section 13. All other terms contained in this Agreement, unless otherwise indicated, shall have the meaning provided by the
Code to the extent such terms are defined therein.
2.1. Promise to Pay . Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit
Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.
2.1.1. Revolving Advances.
(a) Availability . Subject to the terms and conditions of this Agreement, Bank shall make Advances not exceeding the
Availability Amount. Amounts borrowed under the Revolving Line may be repaid and, prior to the Revolving Line Maturity
Date, reborrowed, subject to the applicable terms and conditions precedent herein.
(b) Termination; Repayment . The Revolving Line terminates on the Revolving Line Maturity Date, when the principal
amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be
immediately due and payable.
2.1.2. Letters of Credit Sublimit.
(a) As part of the Revolving Line, Bank shall issue or have